Plan Ledger DOL Form 5500 · updated monthly

Amfabsteel, Inc.benefits

Amfabsteel Ee Welfare Benefit Plans · BERNALILLO, NM · plan year 2024

Previously filed as Amfabsteel Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$461,963

Amfabsteel, Inc.'s benefits plans covered 158 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $461,963 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2,924 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.7x the $81,460 reported for 2023.

Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ppopremiums n/a · 128 covered
PRESBYTERIAN INSURANCE INC. · health ppopremiums n/a · 158 covered
THE HARTFORD · ltdpremiums n/a · 82 covered
Brokers & agents paid · 20242
DANIELS INSURANCE AGENCY INC.$390,600
DANIELS INSURANCE AGENCY INC$71,363

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850327164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.